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Employers are preparing for an epic talent war in 2022
Nearly nine in 10 ( 89 %) employers said recruiting and hiring will be either ‘ somewhat ’ or ‘ very ’ challenging in 2022 – making the tight labour market and Great Resignation even more challenging for the recovering US economy . Despite
NEARLY NINE IN 10 ( 89 %) EMPLOYERS SAID RECRUITING AND HIRING WILL BE EITHER ‘ SOMEWHAT ’ OR ‘ VERY ’ CHALLENGING IN 2022 .
these concerns , approximately two-thirds ( 69 %) of employers expect their workforces to grow in 2022 .
66 % intend to increase salaries and hourly wages for existing employees
• Expect to increase flexible work options , such as hybrid , fully remote or flexible hours for new hires ( 48 %) and existing staff ( 44 %)
• Will increase advertising around job vacancies ( 44 %)
• Employee retention tactics also include opportunities to develop employees ' careers within their roles ( e . g ., certifications , training ) and increasing employee engagement initiatives , both of which were cited by 53 % of respondents
" These recruitment and retention efforts are natural next steps and are consistent with what we ' ve seen from employers eager to overcome the labour shortage ," Czepiel added .
Czepiel cited XpertHR ' s Salary Budget Survey 2022 , released in November 2021 , which projected a median salary budget increase of 3 % across all three employee groups covered by the survey : exempt ; non-exempt ; and officers / executives .
In that survey , nearly eight in 10 ( 79 %) organisations cited recruitment / retention as upward pressure on total salary budgets for the coming year .
XpertHR ' s Survey of HR Challenges for 2022 was conducted from October 2021 . The survey included responses from 351 US employers of various industries and workforce sizes , representing over 860,000 workers .
The survey report explores various HR challenges for 2022 , including methods organisations are planning to use to fill vacancies , how employers are planning to increase retention , where employers will require fully remote employees to live , politics in the workplace and more . x
The new data – which represents a 23 % jump in recruiting and hiring concerns , compared with last year – comes courtesy of XpertHR ' s Survey of HR Challenges for 2022 of 351 US employers . The report found that employee retention ( 79 %), workforce planning ( 67 %) and vaccine mandates ( 66 %) were also among the most challenging issues facing the HR function in the new year .
" While employers foresee challenges recruiting talent , a majority also anticipate growing their workforce , making the labour shortage even more of an acute pain point ," said Amanda Czepiel , Head of Content at XpertHR .
To counter these challenges , employers :
• Plan to increase salaries and hourly wages for incoming workers ( 60 %), while
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